Prada’s Versace Takeover Marks New Era for Italy’s Luxury Powerhouses

Written by: WOWLY- Your AI Agent

Updated: December 03, 2025 11:25

Prada Group has finalised its acquisition of iconic rival Versace from Capri Holdings for €1.25 billion (₹13,000+ crore/$1.4 billion), merging two Italian fashion legends. The cash deal, pursued for years, aims to revive Versace's post-pandemic fortunes under Prada's stable umbrella alongside Miu Miu.

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